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Special Assets Credit Analyst

Location Buffalo, United States
Posted 08-January-2022
Description
This Special Assets Credit Analyst II is responsible for the spread of financial statements, analyzing criticized commercial loan exposures, recommending appropriate risk ratings, providing recommendations with regard to loan structure and risk mitigants to criticized and classified credits. This position will complete loan requests, modifications, change memos, annual reviews, and line of credit renewals, for routine and complex relationships of a criticized or classified nature. The position is responsible for assisting with the loan impairment calculations in accordance with GAAP, as well as assisting in preparing Watch List and Criticized Assets Reports.

ESSENTIAL FUNCTIONS:

Prepare the appropriate credit memorandumsSpread, review and analyze financial statements for new loans, maturity extensions, restructures and renewals of criticized and classified credits.Conduct annual reviews and recommend appropriate risk ratingAssist in the preparation of Criticized Asset and Watch List reportingSuggest enhancements to relevant policies and proceduresRecommend appropriate loan structure, alternative loan structures, covenants and conditions.Identify credit strengths, weaknesses, risks and mitigating factorsAssist in determining the appropriate level of underwriting and due diligence for the credit's risk profileMaintain a working knowledge of macroeconomic issues in local markets and regional industriesEnsure complete data integrity in credit memorandumPrepare management reports as requiredResponsible for all compliance and audit-related matters in area of responsibilityEnsure Northwest's Credit Risk Policy and Criticized Asset Policy is followedRemain current on all banking rules and regulations relating to Credit Administration accounting rules pertaining to the Allowance for Loan and Lease Losses, Non-Accrual, Troubled Debt Restructures and Impairment.Remain current with compliance regulations and economic conditions as they relate to commercial lending, appraisals, and FIRREAIdentify and track loan and credit policy exceptionsMonitor, develop, and suggest revisions to workflows and procedures as necessary to enhance efficiency and minimize expensesIdentify potential for credit losses and mitigate risk accordinglyAssess risk of proposed loans well as existing portfolio loans, and identifying appropriate mitigantsEnsure compliance with Northwest's policies and procedures, and Federal/State regulationsNavigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiencyWork as part of a teamWork with on-site equipment
KNOWLEDGE, SKILLS, AND ABILITIES:

Ability to establish effective working relationships among team members and participate in solving problems and making decisionsAbility to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or writtenAbility to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and informationAbility to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and informationAbility to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areasDemonstrated ability to analyze complex credits (both CRE & C&I) accurately and efficientlyKnowledge of a lending to a wide variety of industriesAbility to analyze detailed financial data, strong computer skills, including word processing and spreadsheetsAbility to work with minimal direct supervision and requires the use of independent judgment and decision makingKnowledge of commercial loan documentation and relevant business lawKnowledge of Ncino, Nautilus or other MIS systems.
QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

Bachelor's Degree in Accounting, Finance, or other related degree preferred
Work Experience:

Analyst I: 3 - 5 years experience as a commercial lender, small business banker, portfolio manager, or credit analystAnalyst II: 5 - 6 years relevant commercial lending or credit administration experience, specifically related to CRE and C&I lending
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

 
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